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Given below is information for the Stockholder Equity section of Alpha Balance Sheet as of December 31, 2016 8% Preferred stock, $100 parvalue, 10,000 sharesauthorized,

Given below is information for the Stockholder Equity section of Alpha Balance Sheet as of December 31, 2016

  • 8% Preferred stock, $100 parvalue, 10,000 sharesauthorized, 5,000 sharesissued and outstanding.
  • Common stock, no par, $2stated value, 500,000 sharesauthorized, 204,000 shares issued and outstanding
  • Additional paid-in capital:
  • Preferred stock in excess of par value is $34,000
  • Common stock in excess of stated value is $437,000

Requirements:

Prepar a Stockholders' section of Alpha classified balance sheet as of December 31, 2016. Note: Rows in table may be more than needed.

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